network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … 'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …

The emergence of competition is a defining aspect of human nature and characterizes many important social environments …

Using a standard trust game, we elicit trust and reciprocity measures in a representative sample of adult players in … other Latin American countries. We find no statistically significant differences in trust levels of Uruguayans towards … countrymen versus migrants. In reciprocity, we find only marginally significant differences attributable to the nationality of …

neighbors in the social network, can exert effort to manipulate the trust of others, and update their opinions about some common …. We show that manipulation can modify the trust structure and lead to a connected society. Manipulation fosters opinion …

This paper studies the links between competition in the lending market and spreads of bank loans in Brazil. Evidence …

We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … is minimal for intermediate levels of competition, which is inversely parameterized by the extent of product … ; intensity of competition ; experiment …

The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We … carry out experiments for two-stage games, where R&D investment choices are followed by product market competition. As … implemented and in treatments in which only one stage is implemented. -- R&D investment ; intensity of competition ; experiment …

We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment … competition between senders does not increase the amount of information decision-makers obtain. We find evidence of under … off under competition because their relative gains from persuasion are more than offset by their expenditures in …